434 16th Avenue, Rockford, IL

$220,000

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6

Beds

About 434 16th Avenue

Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1-bath apartments, each capable of generating no less than $1,200 per month in rental income. Numerous 2025 updates include fresh paint throughout, all new windows, new HVAC and central A/C, new flooring, and a new refrigerator and stove in the first-floor unit. Separate entrances and functional layouts make this an ideal opportunity for investors or owner-occupants alike. A detached 495 SF outbuilding/garage with an upper level offering exceptional flexibility for storage, a workshop, hobby space, or future creative use. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential! SOLD AS-IS

Features of 434 16th Avenue

MLS® # 12708960
Price $220,000
Bedrooms 6
Bathrooms 0.00
Year Built 1923
Type Residential Income
Sub-Type Two to Four Units
Style Bi-Level
Status Contingent
Taxes $1,500

Community Information

Address 434 16th Avenue
Area Rockford
City Rockford
County Winnebago
State IL
Zip Code 61104

Amenities

Parking Spaces 2
Parking Off Street, Driveway, On Street, Alley Access, Garage Faces Rear, Yes, Owned
Is Waterfront No
New Construction No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Stone/Rock, Full

Exterior

Exterior Vinyl Siding
Roof Asphalt
Foundation Stone

School Information

District 205
Elementary Julia Lathrop Elementary School
Middle Rockford Envrnmntl Science Acad
High Jefferson High School

Additional Information

Days on Market 26
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Plaza

Listing Map

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